AlphaMab is attracting attention as the Suzhou-based biotech has filed China's first PD-L1 antibody, giving it a lead over larger and multinational competitors. The venture’s winning strategy lies in staying ahead of the curve, CEO Xu Ting told PharmAsia News in an exclusive interview.
BEIJING – Compared to the US, China has relatively few innovative therapies, which leaves much room for smaller companies to improve on current treatments and thrive in the process.
In 2015, the US FDA set a record for innovative new drug approvals, while China still lags far behind